To some degree, it's due to the index value itself, 12000+. A "measly" 1% move is 120 points, 480 ticks, $2400! Truth is that's not measly at all, and certainly makes for good trading!
It is definitely getting scary up here in the nose-bleed section of NQ. And I got scared when we had that March drop, and I was looking at the 7K level and going, "Nope, cannot swing long it, this HAS to be it with the economy shutting down." And look where we are now. #sad #covfefe